Core Insights - PBF Energy reported a revenue of $7.35 billion for the quarter ended December 2024, reflecting a 19.6% decrease year-over-year, while EPS was -$2.82 compared to -$0.41 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $7.25 billion by 1.46%, but the EPS fell short of the consensus estimate of -$2.68 by 5.22% [1] Financial Performance Metrics - PBF Energy's gross refining margins varied by region, with the Mid-Continent at $5.85 per barrel (vs. $6.09 estimate), West Coast at $5.94 per barrel (vs. $6.43 estimate), Gulf Coast at $2.87 per barrel (vs. $4.39 estimate), and East Coast at $4.42 per barrel (vs. $4.85 estimate) [4] - Total crude oil and feedstocks throughput was reported at 79.3 MBBL, slightly below the 79.32 MBBL estimate [4] - Revenues from logistics were $97.60 million, exceeding the $96.02 million estimate, marking a year-over-year increase of 0.8% [4] - Revenues from refining were $7.34 billion, significantly lower than the $6.52 billion estimate, representing a year-over-year decline of 19.6% [4] - Revenues from eliminations were reported at -$88.40 million, slightly worse than the -$84.03 million estimate, with a year-over-year change of 1.1% [4] Stock Performance - PBF Energy's shares have returned -15% over the past month, contrasting with the Zacks S&P 500 composite's +3.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Here's What Key Metrics Tell Us About PBF Energy (PBF) Q4 Earnings